836 Tenth Street Mississauga (Lakeview), Ontario L5E 1S6

$1,999,999

SEVERED LOT FOR TWO DETACHED HOMES at the end of a CUL De SAC next to CAWTHRA PARK. Builders and Smart Investors, Rejoice! A rare property offers a fully approved severance in one of Mississauga's most desirable lakefront growth areas. The land has been divided into two 37 x 100 ft lots, each with the potential for approximately 3,000 sq. ft. above-grade luxury detached homes. Ideally located right beside Cawthra Park, Mississauga's forest retreat, this property is a true diamond in the rough. Lakeview continues to see strong demand for luxury homes, and interest in newly built custom properties near the waterfront remains steady. Newly constructed homes are achieving premium resale values in the neighbourhood. With the severance already approved, much of the entitlement risk and holding uncertainty has been reduced. There are several ways to approach the opportunity: build & sell, build & hold, or explore a joint venture. Future homes could feature open-concept layouts, high ceilings, large windows, chef-inspired kitchens, luxury primary suites, and upscale finishes that appeal to today's buyers. Option to partner up with a highly skilled builder with several Lakeview projects, to complete the project. Conveniently located just minutes from waterfront parks and the marina, the shops and restaurants of Port Credit, QEW access (about 15-20 minutes to downtown Toronto), as well as Well Respected schools Such as Toronto French school and nearby Lakeview Golf Course and Toronto Golf Club.With the severance process already completed, much of the planning and timeline risk has been addressed-allowing investors to focus on design, construction, and maximizing potential returns. This is a high-demand location picking up lots of steam with clear redevelopment momentum and huge projects By Trudel and Branthaven. Property sold as is. Lot for sale. (id:49269)

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https://www.realtor.ca/real-estate/29469446/836-tenth-street-mississauga-lakeview-lakeview